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Wednesday, October 28, 2020

Thursday: Q3 GDP, Unemployment Claims, Pending Home Sales

by Calculated Risk on 10/28/2020 09:03:00 PM

• At 8:30 AM ET, Gross Domestic Product, 3rd quarter 2020 (advance estimate). The consensus is that real GDP increased 31.9% annualized in Q3, up from negative 31.4% in Q2.

• At 8:30 AM, The initial weekly unemployment claims report will be released. The consensus is initial claims increased to 800 thousand from 787 thousand last week.

• At 10:00 AM, Pending Home Sales Index for September. The consensus is 4.5% increase in the index.